Our Investments
Investments Selected with Precision to perform with power
65 Brunswick
65 Brunswick
Edison, NJ
Edison, NJ
Type: Industrial
Size: 113,079
Built:
Investment Date: 12/21/2021
Strategy: Value Add
The Project, situated on ~8 acres, current contains a ~78k sf Class-C warehouse building. Upon re-development, the Project will contain approximately 137,903 sf, 14 DH doors and ample car and truck parking. Brunswick/Exit 9's prime Middlesex County location allows distributors to reach more than one-third of the U.S. population within a day's drive. The submarket provides easy access to the Port of Newark and Elizabeth and Newark Liberty International Airport, both less than 25 miles to the north. With only 2.3m sf (~2%/stock) left planned for development (vs. 10m sf in 2016) rental rates have surged over the last few years, increasing nearly twofold since 2015, causing vacancies to plummet between 1-2%, making an 8-acre site extremely rare within the submarket.